"Brixton Village on the Brink of Corporate Takeover: Community Campaign Fights for Ownership A high-stakes battle is unfolding in Brixton, where local traders are racing against multinational corporations to purchase the iconic Brixton Village and Market Row. The Buy Back Brixton campaign, a grassroots effort to save the area from corporate gentrification, has made it to the second stage of the bidding process, pitting them against deep-pocketed private equity firms. The stakes are particularly high, as the area has already seen the displacement of long-standing independent businesses in neighboring Camden and Old Spitalfields. With the campaign's "people over profit" mantra, local traders are fighting to preserve the unique character of Brixton Village and ensure its future remains in community hands."
Campaign hopes to buy site for community, fearing it could go same route of corporate gentrification as Camden and Old SpitalfieldsTraders at Brixton market say they are in a battle of “people over profit” after submitting a last-minute plan to stop the site being bought by a private equity firm which they fear could price out longstanding independent businesses.Those behind the Buy Back Brixton campaign said they are through to the second stage of a bidding process, competing against multinational companies to buy Brixton Village and Market Row for community ownership. Continue reading...
